15th Aug 2023 17:15
15 August 2023
Safestay plc
("Safestay" or the "Company")
Grant of Options
Safestay (AIM: SSTY), the owner and operator of a brand of contemporary hostels, announces that on 15 August 2023 it granted an award of options over a total of 300,000 ordinary shares of 1 pence each in the Company under the Company's existing share option scheme (the "Options") to Peter Zielke, Chief Operating Officer, who joined the Company on 8 November 2022.
The Options are exercisable at a price of 24 pence after a period of three years from 15 August 2023 dependent on continued employment over this period.
1 | Details of the person discharging managerial responsibilities/person closely associated | |||||
a) | Name | Peter Zielke | ||||
2 | Reason for the notification | |||||
a) | Position/status
| Chief Operating Officer | ||||
b) | Initial notification/Amendment
| Initial notification | ||||
3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | |||||
a) | Name | Safestay plc | ||||
b) | LEI | 213800H1MT2FZDI3HK90 | ||||
4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | |||||
a) | Description of the financial instrument Identification code | Ordinary shares of £0.01p par value GB00BKT0J702 | ||||
b) | Nature of the transaction | Grant of options | ||||
c) | Price(s) and volume(s) |
| ||||
d) | Aggregated information - Aggregated volume
| N/A single transaction | ||||
e) | Date of the transaction | 15 August 2023 | ||||
f) | Place of the transaction | Outside a trading venue | ||||
Enquiries:
Safestay plc | +44 (0) 20 8815 1600 |
Larry Lipman | |
| |
Liberum Capital Limited |
|
(Nominated Adviser and Broker) | +44 (0) 20 3100 2000 |
Andrew Godber/Edward Thomas/Miquela Bezuidenhoudt | |
| |
Novella |
|
Tim Robertson | +44 (0) 20 3151 7008 |
Fergus Young
For more information visit our:
Website www.safestay.com
Vox Markets page https://www.voxmarkets.co.uk/company/SSTY/news/
Instagram page www.instagram.com/safestayhostels/
Related Shares:
Safestay